Studio for sale in Nottingham NG1, 0 Bedroom

Bard House is located right on the doorstep of Nottingham Trent University, making it a brilliant position for students. Being host to a state-of-the-art tram system and an extensive bus service, making it extremely popular with the tenants, Bard House is a clear option for investors looking for a firm return.

The apartment is let and managed by a professional letting agency on behalf of the investor, ensuring a smooth service which benefits the tenant and the landlord. Bard House is situated right on the doorstep of Nottingham Trent University, making it the perfect location for students

Hosting a state of the art tram system and an extensive bus service, making it extremely popular with the tenants, Bard House is an obvious option for investors looking for a strong return. Not only will the students be able to enjoy this fantastic modern living space, they can also make use of outstanding communal facilities such as a gymnasium, common room and entertainment suite.

Financial Breakdown

Gross rent: £7,140
Ground rent: £150
Service charge: £2,489
Lettings fees: £571
Net income: £3,930
Gross yield: 10.58%
Net yield: 5.82%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-12253